gbpaud is continuing to make a new low as the 4hr candle is at its last hour before closure. currently watching gbpaud to break 1.92 to continue selling off.
*GBPAUD/SHORT
usdchf has been in a correction for weeks in a overall down trending market. since i understand the phases pf the market i know that after a correction comes an impluse so now ill be waiting on the impulse to the downside.
*USDCHF short
gbpaud showing multiple signs that sellers are in control and im using euraud as correlation as evidence that gbpaud will continue to short.
*GBPAUD SHORT
Im going to attach my analysis from last night to this thread but mainly i was only anticipating these euro currency pairs to go short. they were all high probability set ups with multiple confulences. now ill be waiting for shorts to continue throughout the week holding these trades.
*eurgbp
* Eurjpy
* euraud
Is USDCAD exhausting at resistance zone?
As the price is been on high bull run but now it seems like price is lacking bullish momentum after printing double top pattern at resistance level and bearish divergence( on lower time frame) suggesting the sell pressure is about to start.
If the bears took control , the 1st target could be 1.3350.
What you guys think of it?
The euro is showing multiple signs of bearish price action. my prediction is that most of the euro will be bearish for the rest of the week but these 3 currency pairs are all high probability trades for me. watch these bearish trades with me:) thanks for watching and watch my ideas and watch how accurate they all are.
*Eurgbp
* eurjpy
*euraud
SHORT
Nifty may have/ completed wave b of the Flat correction.. it can still go for 22300-400 levels but w=y equals at exact high..
So we can fall 1000 points again in the coming week..
Risk reward look excellent if todays closing is below 22124.
Hello Traders !
Previously, The AUDCAD Formed a Bearish Double TOP Pattern.
Currently, The Price Broke The Support Level (0.88778 - 0.89160).
The Support Line is Broken.
So, I Predict a Bearish Move📉.
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TARGET: 0.87950🎯
Greetings, traders! Let's delve into the analysis of the AUD/CAD daily chart, which is showcasing a compelling trading opportunity:
Pattern Identified: 📊
Double Top Reversal Pattern.
Current Price Position: 📈📉
The price has broken below the Neckline at 0.88775.
Trading Plan: 📉📈
Neckline Breakout:
The breakout below the Neckline at 0.88775 suggests a...
Is US500 exhausting at resistance zone?
As the price is been on high bull run but now it seems like price is lacking bullish momentum after printing double top pattern at resistance level and bearish divergence( on lower time frame) suggesting the sell pressure is about to start.
If the bears took control , the 1st target could be 4840.
What you guys think of it?
Hello Traders !
Yesterday, The AUDCHF Price Formed a Double TOP Pattern.
Currently, The Neckline is Broken !
So, I Predict a Bearish Move📉
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TARGET: 0.56650🎯
GBPUSD met the target and reached its "PRZ" as defined in the previous setup. Right from that PRZ point, a reversal has been created on RSI with a double top formation. Potential Reversal for short setup.
The S&P 500 E-mini Futures appear to be double topping at around 4,835 as the end of the trading week approaches, this could result in an end of week selloff that continues into next week. The range in which it could sell off to on an intraweek basis is pretty wide. I would generally target the 800 EMA at around $4,678
As We Talked in The Previous Analysis:
On Thursday 11 January, The SPX500 Reached a Strong Resistance Level (4792.00 - 4817.20)
The Price Formed a Double TOP Pattern.
Currently, The Neckline is Broken !
So, I Expect a Bearish Move📉
TARGET: 4704.00🎯
Cardano failed to break the last high, and the resistance zone did its job well, preventing the price from growing further.
With the return of the price, we see the formation of a double-top pattern. If the selling pressure is to the extent that it breaks the support area downwards and confirms the price pattern, we expect the price to experience the price area...
The double top is confirmed, now the pair is testing the broken neck. There is too much resistance above, It´s most likely to drop down to the next support level 1.997.
Hi Traders !
On Monday 08 January, The BTC Reached a Resistance Level (48240.00 - 47232.38).
The Price Formed a Double TOP Pattern.
Currently,
-The Neckline is Broken.
So, I Expect a Bearish Move 📉
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TARGET: 42100.00🎯
